Free Trial

TECHS: (Z18) Bullish Breakout *RES 4:.........>

BTPS
BTPS: TECHS: (Z18) Bullish Breakout 
*RES 4: 129.97 High Jul 19 (continuation chart) 
*RES 3: 127.70 High Sep 18 
*RES 2: 126.40 High Sep 11 
*RES 1: 125.71 Low Sep 24 now resistance 
*PREVIOUS CLOSE: 123.90 
*SUP 1: 123.21 High Oct 29 
*SUP 2: 119.27 Low Nov 20 
*SUP 3: 117.77 Low Oct 19 
*SUP 4: 113.64 Low Jan 3, 2014 (continuation chart) 
DEC 18 BTP's have broken sharply higher through key technical levels to trigger
positive chart signals. Monday's gains have extended through the upper end of
the recent range at 123.21 and major down trendline resistance. Momentum
indicators are also giving bullish signals, suggesting that the focus will now
switch to the 125.71 level and then the 127.70 September peak.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.